This is our second Fortuna Silver TRADE UPDATE. Fortuna’s Silver share price bounced off the Major Support Area as we anticipated and has moved up higher today. We are now firmly IN THE MONEY in the trade and have moved up our stop. So, what’s next for Fortuna’s Share price action?
Smart silver investors now hold more Silver Eagles than the total inventories at the iShares SLV ETF or the COMEX. For the past 36 years, since 1986, investors have been buying every Silver Eagle issued by the U.S. Mint. With over a half-billion Silver Eagles now held by private investors, less than 1%
While the world believes in the fairy tale that technological developments allowed the U.S. to bring on a record amount of shale oil production, there’s a much simpler explanation… a gargantuan amount of water and sand used to frack wells. It’s truly amazing how much water and fracking sand the United States…
In this Metals & Market Update, I go over the short-term charts on the broader markets and precious metals. The Major Indexes are now at a BREAKOUT area where they could move higher over the short term. This would also be bullish for the precious metals. However, Mike Pento, interviewed on Adam Taggart’s Wealthion…
The U.S. Financial System is heading towards an Epic Meltdown. At this time, most financial assets will lose value, even the U.S. Dollar. While the Federal Reserve has been able to prop up the U.S. Economy & Financial System, this isn’t something that can go on for many years. With the U.S. shale oil production on a “Collapse Trajectory…
We decided to add more positions today to our Fortuna Long Trade. I have been watching the price action of Fortuna Silver compared to other silver miners and the SIL Miners ETF. Due to the merger with RoxGold, it seems that Fortuna’s share price has been weaker than its competitors…